Sunday, 29 March 2015
Last updated 1 day ago
Mar 10 2014 | 2:46pm ET
Most hedge fund strategies gained ground in February, when the average fund rose 1.9% to erase January's losses.
The Lyxor Hedge Fund Index's return fell far short of the Standard & Poor's 500 Index, which rose more than 4%, but was enough to leave the benchmark up 1.45% on the year. All but one of the strategies tracked by the suite were in positive territory, led by special situations funds, which rose 3.48% last month.
Long-term commodity-trading advisors returned 3.4% in February, long-biased stock funds 2.7%, variable bias stock funds 1.8%, long/short credit funds 1.7%, convertible arbitrage funds 1.5% and global macro funds 0.7%.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…